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FX rates not just set by one country's monetary policy

FX rates not just set by one country's monetary policy

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Mike Paterson
18/02/2015 | 07:03 GMT
  • fx rates moved by various factors
  • not bad if fx reflects fundamentals in a stable manner

USDJPY 119.18 as Kuroda points the finger elsewhere

  • fiscal consolidation is very important for Japan
  • no comment on fx level or pace of change
  • monetary policy is not targetting ccys

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